2018 NOK to JOD Historical Review

YEARLY HIGH

0.0928 JOD

YEARLY LOW

0.0810 JOD

YEARLY AVERAGE

0.0873 JOD

2018 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0928. Conversely, the yearly low was recorded on December 23, dropping to 0.0810.

This high-to-low spread represents a total annual volatility of 0.0119 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0898 to the December average rate of 0.0822, the exchange rate registered a net change of -8.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0928 was up 1.24% compared to the 2017 peak of 0.0917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 464 JOD

2017 Average 429 JOD

Yearly Trough Low 405 JOD

Transaction Impact: A difference of 59.46 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0922

0.0813

JanuMarcMayJulySeptNove

NOK to JOD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0895, compared to 0.0850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0895

H2 Avg (Jul–Dec) 0.0850

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0057 JOD (High: 0.0923 / Low: 0.0867). On the other end, June was the most stable month, with a tight range of 0.0020 JOD (High: 0.0886 / Low: 0.0866).

January Spread (Volatile) ±0.0057

June Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0906) against the same month in 2017 (average: 0.0851), the exchange rate shifted by +0.0055 (+6.44%).

2018 Avg (February) 0.0906

2017 Avg (February) 0.0851

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0923	0.0867	0.0898
February	0.0928	0.0890	0.0906
March	0.0925	0.0902	0.0913
April	0.0914	0.0886	0.0904
May	0.0888	0.0856	0.0876
June	0.0886	0.0866	0.0874
July	0.0885	0.0863	0.0873
August	0.0868	0.0837	0.0851
September	0.0875	0.0839	0.0860
October	0.0871	0.0841	0.0859
November	0.0850	0.0825	0.0837
December	0.0835	0.0810	0.0822